$37,271
Avg. Salary
$17.65
Avg. Hourly Rate

Average additional compensation:

$300

Bonus

$0.00

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Financial Aid Counselor is $17.65 per hour.

The average pay for a Financial Aid Counselor is $37,271 per year.

10%
$13.76
10%
$17.65
50%
$22.85
90%
90%
MEDIAN $17.65
10%
$30k
10%
$37k
50%
$49k
90%
90%
MEDIAN $37,271
$29,758 - $49,073
$30K
$37K
$49K
MEDIAN: $37,271
10%
50%
90%

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$13.76 - $22.85
$14
$18
$23
MEDIAN: $17.65
10%
50%
90%

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$0$49K
Salary $29,758 - $49,073
Bonus $0.00 - $1,973
Profit Sharing $0.00
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,479 - $48,796
  • Country: United States
  • Currency: USD
  • Updated: 17 Apr 2019
  • Individuals Reporting: 335
Hourly Data $0$32
Hourly Rate $13.76 - $22.85
Overtime $15.78 - $32.50
Annual Data $0$48K
Bonus $0.00 - $1,973
Profit Sharing $0.00
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,479 - $48,796
  • Country: United States
  • Currency: USD
  • Updated: 17 Apr 2019
  • Individuals Reporting: 107

Job Description for Financial Aid Counselor

Financial aid counselors work with students to discuss financial aid options. These professionals are employed almost exclusively by institutes of higher learning, which includes for-profit schools and non-profit institutions; counselors may also consult at college fairs. Financial aid counselors typically work with other counselors and the employees in the bursar's office to provide correct information to students, who may have little to no knowledge about financial aid. A typical day for financial aid counselors includes working during regular business hours, making appointments with students or helping walk-ins, discussing a financial plan with those students, and researching new developments in financial aid.

Read More...
Financial Aid Counselor Tasks
  • Counsel students and parents about self-help financial aid programs, eligibility requirements, and application processes.
  • Plan and perform financial aid workshops to staff and students.
  • Assist in the review of students' financial aid applications.
  • Coordinate and administer financial aid appeals.
  • Package, award, and disburse funds to students.

Common Career Paths for Financial Aid Counselor


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Financial Aid Counselors' salaries may rise greatly for those who assume a higher-end position such as a Financial Aid Director. The average Financial Aid Director brings home $56K per year.

Financial Aid Counselor Job Listings

Pay by Experience Level for Financial Aid Counselor

Pay by Experience for a Financial Aid Counselor has a positive trend. An entry-level Financial Aid Counselor with less than 5 years of experience can expect to earn an average total compensation of $35,000 based on 158 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Aid Counselor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $38,000 based on 76 salaries. An experienced Financial Aid Counselor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $41,000 based on 38 salaries. A Financial Aid Counselor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $55,000 based on 12 salaries.

Related Job Salaries

Key Stats for Financial Aid Counselor

Gender

Female
73 %
Male
27 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 83 votes.
Less than 1 year
5%
1-4 years
49%
5-9 years
29%
10-19 years
14%
20 years or more
4%

Experience Affects Financial Aid Counselor Salaries

Late-Career
▲47%

▲11%

▲3%

National Average
$37,000

▼5%

Skills That Affect Financial Aid Counselor Salaries

Financial Advisor
▲18%

Federal Grants
▲9%

National Average
$37,000

Counseling
▼2%


Financial Analysis
▼4%

Financial Applications
▼5%

Financial Aid
▼11%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 83 votes.

Gender

Female
73 %
Male
27 %

Years of Experience

Less than 1 year
5%
1-4 years
49%
5-9 years
29%
10-19 years
14%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 75%
vision benefits
Vision: 68%
no benefits
None: 10%